Recently Real Estate Investment Trusts (REITs) comprising those developed by Indian Developers is being witnessed as an indicator to a forthcoming recovery in the property market. Indian property Developer’s abroad listed REITs like Hirco, Unitech, Ishaan, Ascendas and Corporate Park has almost doubled in values, even as the FTSE Global Realty Indices for Asia, US and Europe have valued by 55%, added the source at www.propertykhazana.com.

The enhanced market situations might also cover the way for the REIT listings of DLF and Unitech, which had been delayed. As per the sources saying at the www.propertykhazana.com, REITs are the units that possess and handle a portfolio of realty properties and anyone can invest in an open traded REIT which is witnessed in giving the advantages of cash flow and difference, as it invests in a portfolio of properties. REITs are presently not permitted in India, but the Securities and Exchange Board of India has norms for its operation. For more updates on realty market browse www.proeprtykhazana.com.